Invest in Sustainability
ASCU is a lower-risk emerging copper developer with a 100% ownership of The Cactus Mine, located on private land in the Arizona Copper Belt. The Company is committed to supplying LME Grade A Copper Cathodes usable in the Renewable Energy Future, mined in a responsible and sustainable manner directly onsite. Our goal, beyond our ESG Strategy, is to ensure “Net Zero Carbon Emission” from future operations, minimizing the effect of climate change on the earth and preserving our planet for our children and future generations.
Why ASCU?
- Open pit, Heap Leach and SXEW Operation on Brownfield Property
- Robust Project Economics with 86ktpa Cathode Production over a 31 year Mine Life
- Proven Low Risk Development with State- and County-Led Permitting Framework in a Tier 1 location
- Supportive Copper Market Fundamentals
- Experienced Leadership Team and Strong, Supportive Sponsors
- Option to Joint Venture with Nuton Technologies at Nuton’s Option and upon Satisfaction of Financial and Economic Triggers
Why ASCU?
- Open pit, Heap Leach and SXEW Operation on Brownfield Property
- Robust Project Economics with 86ktpa Cathode Production over a 31 year Mine Life
- Proven Low Risk Development with State- and County-Led Permitting Framework in a Tier 1 location
- Supportive Copper Market Fundamentals
- Experienced Leadership Team and Strong, Supportive Sponsors
- Option to Joint Venture with Nuton Technologies at Nuton’s Option and upon Satisfaction of Financial and Economic Triggers
The Cactus Mine Project
ASCU's re-development plan targeting 86 ktpa over 31 years at the Cactus Mine Project is underpinned by a multi-billion-pound copper mineral resource base. The robust Preliminary Economic Assessment outlines an NPV8 of US$2,032, an IRR of 24% and payback period of 4.9 years with a copper price of $3.90/lb. Geologically, the project is situated at the convergence of three major porphyry copper belts and benefits from excellent onsite and nearby access to local infrastructure (including water, labour, power, highways and rail networks).